ABSTRACT

The development of this infrastructure, in the Netherlands as well as in many other European countries, is largely ordered by public bodies, which call on private contractors to carry out the work. Private financing ensures that the public body can be certain at an early stage and for a long period about the building and operating costs. Broadly speaking, there are two types of projects in which private financing can play a major role. There are also a number of potential objections to private financing. However, it is striking that there are major differences in the application of private financing arrangements per region. The right mix of risks and responsibilities must be chosen for each case, and private financing is an option. The advantages of private financing do not appear so conclusive that they increase the financial feasibility of projects. However, private financing leads to an effective approach with the focus on the ultimate project goals.